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MARA - CleanSpark May Benefit From The Bitcoin Halving Event
Marathon Digital Holdings Inc.
2024-04-01 12:14:57 ET
Summary
CleanSpark is actively increasing their production rates through the construction and expansion of new facilities with the target of 2EH/s by the end of 1H24.
The company has expanded their Sandersville facility and energized the first 100MW of its expansion plan, increasing their hash rate to 14EH/s. Total firm rate now stands at 16EH/s.
CleanSpark has an estimated breakeven cost-to-mine rate of $28,093 post-halving, suggesting profitability may continue with the assumption that the price of bitcoin remains at current levels.